Happy Friday, 5 days Until Close of Q2 and P action printing heavy with a touch and retrace of 9k. The depicted trend line triangle is holding and price looks to open within the 12 candle print region again.
Bulls need to spring off support to save itself otherwise that perch is coming into play, and a drop below will show very little strength. This is a crucial point of time into the monthly close as for confidence, the market needs to stall here or go higher.... Yes, still 6 month upside yet in Jan we opened around 7200 meaning it remains a positive 6 months yet don’t want to encapsulate towards it.
Happy Trading short and sweet until market reveals more dynamics. Resistance at play is the same as previously written, watching a break of trend lines. :)
Bitcoin to Date Daily Current Price: $9270.3 USD Daily Change %: -0.45% Market Cap: $170,549,675,129.82 USD 24 Hour Volume: $18,988,348,956 USD Population of the World: ~7,793,842,400+ humans Today’s Bitcoin Total / World Population: ~ 0.002362713030995 Satoshi’s / $21.90 USD per person
Overall Approximate Bitcoin in Circulation: 18,414,613 BTC Approximate Bitcoin Mined Last 24hr: ~ 900 BTC Approximate Bitcoin Left to Mine: 2,585,388 BTC Road to 21,000,000 Bitcoin Mined: 87.69%
Current Bitcoin Dominance: 65.86%
📈Support & Resistance📉* Support Levels 1st Support Zone: 9170.7 2nd Support Zone: 8666.7 3rd Support Zone: 7840.4
Price Level Consideration Approximate Days Until Halving: 1414 Days (Pending Timezone / Blocks Mined) All Time High Half Way Point: 9942.5 Prominent High: 13767.4 Prominent Low: 3994.1
—————————————————————————————————— *📈Support & Resistance📉: These are typically zones & not exact price levels depicted by the lines. Keep in mind that price may respect and repeatedly touch several times on smaller time frames. **What you won’t see on exchanges: This is purely to reference that traders watching the charts are neglecting the ‘Transaction Sentiment’ of large (🐳 WHALE) transactions from wallet to wallet and OTC execution send transactions (new/old wallets). TIP: The amount/s transferred daily tells a story of flow to potential market dynamics that may transpire. *** Personally I HODL Gold/Crypto over having a majority of Fiat currency 💸. Previously before trading crypto in 2015, Gold was one of my main charts thus I look at the price regularly comparative to Bitcoin.
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